Accreditation Council For Graduate Medical Education is located in Chicago, IL. The organization was established in 2001. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 12/2021, Accreditation Council For Graduate Medical Education employed 352 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accreditation Council For Graduate Medical Education is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Accreditation Council For Graduate Medical Education generated $71.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $64.5m during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Accreditation Council For Graduate Medical Education has awarded 126 individual grants totaling $10,136,712. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE HEALTH CARE AND POPULATION HEALTH BY ASSESSING AND ADVANCING THE QUALITY OF RESIDENT PHYSICIANS' EDUCATION THROUGH ACCREDITATION.
Describe the Organization's Program Activity:
THE ACGME ACCREDITS SPONSORING INSTITUTIONS AND RESIDENCY AND FELLOWSHIP PROGRAMS, CONFERS RECOGNITION ON ADDITIONAL PROGRAM FORMATS OR COMPONENTS, AND DEDICATES RESOURCES TO INITIATIVES ADDRESSING AREAS OF IMPORT IN GRADUATE MEDICAL EDUCATION. THIS FUNCTION INCLUDES SETTING AND MONITORING THE PROFESSIONAL EDUCATION STANDARDS ESSENTIAL FOR PREPARING PHYSICIANS TO DELIVER SAFE, HIGH-QUALITY CARE TO ALL AMERICANS. REQUIREMENTS ARE SET, AND COMPLIANCE WITH THOSE REQUIREMENTS IS ASSESSED, BY 29 SPECIALTY-SPECIFIC REVIEW COMMITTEES MADE UP OF VOLUNTEER PHYSICIAN EXPERTS IN THE FIELD, INCLUDING RESIDENTS/FELLOWS, AS WELL AS PUBLIC REPRESENTATIVES.ACCREDITATION REVIEW OCCURS ANNUALLY AND INCLUDES CONSIDERATION OF SEVERAL CRITICAL ELEMENTS FOR EVERY INSTITUTION AND PROGRAM, INCLUDING ANNUAL DATA UPDATES (MAINTAINED THROUGH THE ACGME'S ACCREDITATION DATA SYSTEM) OF STATISTICAL AND NARRATIVE INFORMATION, ANNUAL SURVEYS OF BOTH RESIDENTS/FELLOWS AND FACULTY MEMBERS, AND RESIDENT/FELLOW CASE LOGS. PERIODIC LOCAL SITE VISITS ARE CONDUCTED AT DIFFERENT INTERVALS, DEPENDING ON ACCREDITATION STATUS, BY ACGME FIELD REPRESENTATIVES. THE APPLICABLE ACGME REVIEW COMMITTEE REVIEWS ALL OF THIS AND OTHER INFORMATION, INCLUDING PROGRESS REPORTS IF NECESSARY, TO DETERMINE AN INSTITUTION'S OR PROGRAM'S COMPLIANCE WITH THE APPLICABLE INSTITUTIONAL, COMMON, AND/OR SPECIALTY-SPECIFIC PROGRAM REQUIREMENTS TO MAKE A DETERMINATION OF ACCREDITATION STATUS.
THE ACGME HOLDS AN ANNUAL EDUCATIONAL CONFERENCE FOR THE GRADUATE MEDICAL EDUCATION (GME) COMMUNITY. THE CONFERENCE PROVIDES THE UNIQUE OPPORTUNITY FOR MEMBERS OF THE BROAD GME COMMUNITY TO GAIN KNOWLEDGE, EXCHANGE IDEAS, AND NETWORK. ATTENDEES INCLUDE DESIGNATED INSTITUTIONAL OFFICIALS, PROGRAM DIRECTORS, INSTITUTIONAL AND PROGRAM COORDINATORS, FACULTY MEMBERS, OTHER SPECIALISTS AND ADMINISTRATORS, RESIDENTS AND FELLOWS, AND REPRESENTATION FROM BOTH THE ALLOPATHIC AND OSTEOPATHIC MEDICAL COMMUNITIES, AS WELL AS INTERNATIONAL GME. THE THREE-AND-A-HALF DAY CONFERENCE FEATURES OVER 150 PRE-CONFERENCE COURSES/WORKSHOPS, CONFERENCE SESSIONS, KEYNOTE SPEAKERS, AND EXHIBITORS. THE ACGME ALSO SPONSORS AND HOSTS NUMEROUS OTHER EDUCATIONAL PROGRAMS AND WORKSHOPS THROUGHOUT THE YEAR ON A BROAD RANGE OF TOPICS CUSTOMIZED TO THE NEEDS OF THE GME COMMUNITY AT-LARGE.
THE ACGME DOES NOT PROVIDE CONSULTING SERVICES IN THE UNITED STATES. OUTSIDE THE U.S., ACGME GLOBAL SERVICES OFFERS CUSTOMIZED ADVISORY SERVICES TO HELP GOVERNMENTS AND INSTITUTIONS OPTIMIZE THEIR POSTGRADUATE MEDICAL EDUCATION (PGME) TO DELIVER BETTER HEALTH OUTCOMES AND SAFETY TO THEIR POPULATIONS. CLIENTS MAY INCLUDE MINISTRIES OF HEALTH OR EQUIVALENT GOVERNMENTAL ORGANIZATIONS, REGIONAL ORGANIZATIONS INVOLVED WITH HEALTH PROFESSIONAL EDUCATION, AND HOSPITALS OR HOSPITAL GROUPS INTERESTED IN STARTING PGME PROGRAMS.THE ACGME ASSISTS ITS GLOBAL CLIENTS DEVELOP PGME STANDARDS AND SYSTEMS TO EVALUATE AND ACCREDIT PROGRAMS AND THEIR SPONSORING INSTITUTIONS AGAINST THESE STANDARDS WHICH ARE CONSISTENT WITH INTERNATIONAL BEST PRACTICES. IT ALSO PROVIDES INFRASTRUCTURE SUPPORT TO NATIONAL AND REGIONAL PGME ACCREDITATION ORGANIZATIONS, INCLUDING DATA COLLECTION, MANAGEMENT, AND ANALYSIS, PROVIDES TRAINING PROGRAMS FOR STANDARDS DEVELOPERS, PROGRAM EVALUATORS AND ACCREDITORS, SITE VISITORS, AND PGME FACULTY MEMBERS, ASSIST POTENTIAL TRAINING CENTERS PREPARE TO HOST PGME PROGRAMS, AND CONDUCTS SEMINARS ON THE LATEST DEVELOPMENTS IN PGME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Nasca President And Chief Executive Officer | Officer | 37.5 | $1,906,190 |
Kevin Weiss Chief Sponsoring Institutions & Clinical Learning | 37.5 | $771,664 | |
Lynne Kirk Chief Accreditation Officer | 37.5 | $696,458 | |
John Ogunkeye Chief Financial And Administrative Officer | Officer | 37.5 | $649,134 |
Eric Holmboe Chief Research, Milestone Development & Evaluation | 37.5 | $619,444 | |
John Combes Chief Communications & Public Policy Officer | 37.5 | $593,669 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Douglas Carlson Llc Legal Services | 12/30/21 | $424,875 |
Amidon Litman Llc Consulting | 12/30/21 | $238,971 |
Richard Hasenpflug Consulting | 12/30/21 | $211,500 |
Voidbitz Inc Consulting | 12/30/21 | $178,189 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $70,125 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $70,125 |
Total Program Service Revenue | $68,826,726 |
Investment income | $155,911 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $685,499 |
Net Gain/Loss on Asset Sales | $1,766,480 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $71,823,147 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $609,264 |
Grants and other assistance to domestic individuals. | $16,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $6,061,644 |
Compensation of current officers, directors, key employees. | $1,944,097 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $29,222,852 |
Pension plan accruals and contributions | $3,304,360 |
Other employee benefits | $3,520,773 |
Payroll taxes | $2,553,842 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,048,791 |
Fees for services: Accounting | $82,784 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $300,650 |
Fees for services: Other | $3,211,813 |
Advertising and promotion | $36,603 |
Office expenses | $954,986 |
Information technology | $2,934,885 |
Royalties | $0 |
Occupancy | $3,526,474 |
Travel | $22,114 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,688,936 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,152,903 |
Insurance | $507,318 |
All other expenses | $0 |
Total functional expenses | $64,527,931 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $916 |
Savings and temporary cash investments | $9,838,955 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $833,549 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $24,450 |
Prepaid expenses and deferred charges | $1,903,462 |
Net Land, buildings, and equipment | $16,171,516 |
Investments—publicly traded securities | $67,260,085 |
Investments—other securities | $7,011,777 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $103,044,710 |
Accounts payable and accrued expenses | $10,982,766 |
Grants payable | $918,693 |
Deferred revenue | $6,306,880 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $23,864,106 |
Total liabilities | $42,072,445 |
Net assets without donor restrictions | $60,869,964 |
Net assets with donor restrictions | $102,301 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $103,044,710 |
Over the last fiscal year, Accreditation Council For Graduate Medical Education has awarded $609,079 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: WELL-BEING GRANT | $515,000 |
THE ARNOLD P GOLD FOUNDATION PURPOSE: GALA SPONSORSHIP | $50,000 |
Chicago, IL PURPOSE: INTEREST, PER BRIDGE AGREEMENT | $34,079 |
Ashburn, VA PURPOSE: BEYOND FLEXNER CONFERENCE | $10,000 |
Over the last fiscal year, we have identified 1 grants that Accreditation Council For Graduate Medical Education has recieved totaling $83,734.
Awarding Organization | Amount |
---|---|
Council Of Medical Specialty Societies Chicago, IL PURPOSE: Joint effort to identify possible ways to help increase the number of under-represented in medicine physicians in hospitals and academic medical centers. | $83,734 |
Organization Name | Assets | Revenue |
---|---|---|
Rosalind Franklin University Of Medicine & Science North Chicago, IL | $321,942,163 | $130,066,998 |
Moody Bible Institute Of Chicago Chicago, IL | $517,402,862 | $263,295,292 |
Kansas City University Kansas City, MO | $396,275,959 | $114,344,236 |
Des Moines University Osteopathic Medical Center Des Moines, IA | $450,267,375 | $87,558,866 |
Palmer College Foundation Davenport, IA | $257,383,249 | $91,492,236 |
Accreditation Council For Graduate Medical Education Chicago, IL | $103,044,710 | $71,823,147 |
University Of Health Sciences And Pharmacy In St Louis Saint Louis, MO | $314,379,266 | $75,273,875 |
Asbury Theological Seminary Wilmore, KY | $333,796,449 | $52,800,131 |
Illinois College Of Optometry Chicago, IL | $110,244,360 | $41,438,897 |
Logan University Chesterfield, MO | $101,664,851 | $38,500,877 |
Krell Institute Inc Ames, IA | $2,185,280 | $14,305,955 |
Toyota Technological Institute At Chicago Chicago, IL | $302,171,047 | $22,569,767 |